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1212 Harbins Road

Norcross, GA 30093
  • $790,000
  • STATUS: Active
  • ON SITE: 102 Days
  • MLS #: 10043619
Price Reduced
UPDATED: 117 min ago
$790,000
  • 0
    BEDS
  • 1.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1975
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great investment opportunity. Fully renovated, rare to find, more than 4,400 SF, divided into 3 units in a central, convenient location in Norcross. Long term stable tenants. 1st unit: 4 beds, 2 baths, just got renovated kitchen & bathrooms, incl. washer/dryer, new LVT flooring, freshly painted. new AC- 3 years. New water heater. rent: $2000 (tenant lives there for 4 years and would like to stay). 2nd unit: 3 beds, 1 bath: New LVT flooring, new kitchen cabinets, granite, SS appliances washer/dryer, renovated bathroom, new HVAC- 3 years ,new water heater. rent: $1700 (long term tenant). 3rd unit: 2 beds, 1 bath: SS appliances including washer/dryer, new flooring, new AC- 4 years, renovated bath, new carpet, new paint. rent: $1700 (new tenant that would like to stay). The entire triplex has a new architectural roof - 4 years, fence, tons of parking space (at least 10 places). Exterior painting was done 2 years ago. Great outdoor space with beautiful backyard ( professional landscaping). Big septic system in place . serviced every 1-2 years. Total annual income: $64,800, insurance: $1500. utilities: between $700-$900 a month (owner pays). The adjacent lot got approval for rezoning to commercial and going to develop a new subdivision. Many potential strategies on this one: buy and hold and enjoy a triplex in an excellent condition with a great income, no repair/reno is needed. Meantime you can check the rezoning option and go for a development project and build a mini sub division. No HOA! Do not disturb tenants - inspection and viewing only allowed during due diligence period with accepted offer.

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Georgia MLS logo© 2022 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Century 21 Connect Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Century 21 Connect Realty. Data last updated: 2022-08-13T00:05:49.993.
www.century21connectrealty.com/homes/128282585
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1212 Harbins Road Norcross, GA 30093

  • Price: $790,000
  • Status: Active
  • On Site: 102 Days
  • Updated: 117 min ago
  • MLS #: 10043619
0
Beds
0
Baths
0
½ Baths
1.23
Acres
1975
Built
Neighborhood:
None
County:
Gwinnett
Area:
GWINNETT
Elementary School:
Lilburn
Middle School:
Berkmar
High School:
Berkmar
Property Description
Great investment opportunity. Fully renovated, rare to find, more than 4,400 SF, divided into 3 units in a central, convenient location in Norcross. Long term stable tenants. 1st unit: 4 beds, 2 baths, just got renovated kitchen & bathrooms, incl. washer/dryer, new LVT flooring, freshly painted. new AC- 3 years. New water heater. rent: $2000 (tenant lives there for 4 years and would like to stay). 2nd unit: 3 beds, 1 bath: New LVT flooring, new kitchen cabinets, granite, SS appliances washer/dryer, renovated bathroom, new HVAC- 3 years ,new water heater. rent: $1700 (long term tenant). 3rd unit: 2 beds, 1 bath: SS appliances including washer/dryer, new flooring, new AC- 4 years, renovated bath, new carpet, new paint. rent: $1700 (new tenant that would like to stay). The entire triplex has a new architectural roof - 4 years, fence, tons of parking space (at least 10 places). Exterior painting was done 2 years ago. Great outdoor space with beautiful backyard ( professional landscaping). Big septic system in place . serviced every 1-2 years. Total annual income: $64,800, insurance: $1500. utilities: between $700-$900 a month (owner pays). The adjacent lot got approval for rezoning to commercial and going to develop a new subdivision. Many potential strategies on this one: buy and hold and enjoy a triplex in an excellent condition with a great income, no repair/reno is needed. Meantime you can check the rezoning option and go for a development project and build a mini sub division. No HOA! Do not disturb tenants - inspection and viewing only allowed during due diligence period with accepted offer.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Brick Garage YN No Levels One Lot Size Area 1.23 Lot Size Source Public Records Lot Size Units Acres Parking Features Off Street Parking Total 8

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Ceiling Fan(S)Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Central Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features None District 1 Green Energy Efficient Appliances Gross Income 64800 New Construction YN No Property Condition Resale Property Sub Type Multi Family Sewer Septic Tank Structure Type Other Tax Annual Amount 1823 Tax Year 2021 Utilities Other Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Chapman Hall Realtors: 404-236-0043. © 2022 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2022 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Century 21 Connect Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Century 21 Connect Realty. Data last updated: 2022-08-13T00:05:49.993.
 
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